Amanda Alder Dance Academy Limited - Period Ending 2015-08-31

Registration number: 07758018

Amanda Alder Dance Academy Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 August 2015
 

Amanda Alder Dance Academy Limited
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 3

Amanda Alder Dance Academy Limited
(Registration number: 07758018)
Abbreviated Balance Sheet at 31 August 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets					765			956
Current assets
Debtors					72			239
Cash at bank and in hand					21,172			23,004
					21,244			23,243
Creditors: Amounts falling due within one year					(18,331)			(18,916)
Net current assets					2,913			4,327
Total assets less current liabilities					3,678			5,283
Provisions for liabilities					(153)			(191)
Net assets					3,525			5,092
Capital and reserves
Called up share capital		3			1			1
Profit and loss account					3,524			5,091
Shareholders' funds					3,525			5,092

For the year ending 31 August 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the director on 16 November 2015

.........................................
Amanda Jayne Isard
Director

The notes on pages 2 to 3 form an integral part of these financial statements.
Page 1

Amanda Alder Dance Academy Limited
Notes to the Abbreviated Accounts for the Year Ended 31 August 2015
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of services provided to customers during the year.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Office Equipment	20% Reducing balance

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 2

Amanda Alder Dance Academy Limited
Notes to the Abbreviated Accounts for the Year Ended 31 August 2015
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 September 2014		1,612			1,612
At 31 August 2015		1,612			1,612
Depreciation
At 1 September 2014		656			656
Charge for the year		191			191
At 31 August 2015		847			847
Net book value
At 31 August 2015		765			765
At 31 August 2014		956			956

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary Shares of £1 each		1			1			1			1

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